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If you are the one who is striving hard to pay off unsecured debts such as credit cards or loans, there are various options among the best debt relief companies for debt settlement. The best companies try to negotiate directly with your creditor to clear the debt in an efficient manner for significantly less than you currently owe. The options considered for the best debt relief companies for debt settlement are evaluated on the basis of the key factors that include types of debt settlement, fees, and minimum requirements, customer satisfaction as well and program time frame.

However, it is important to consider that not all debt relief companies are credible and for the best debt relief companies for debt settlement you have to review the previous reputable track record. So let’s dive deep into the details of the best debt relief companies for debt settlement to get your finances back on track.

5 Best Debt Relief Companies for Debt Settlement

  • Accredited Debt Relief – Great for personalized relief options
  • National Debt Relief – Best option for high-interest credit card debt
  • Freedom Debt Relief – Best for top accordion
  • New Era Debt Solutions – Best for saving great cost
  • CuraDebt – Great for tax debt relief

1. Accredited Debt Relief

Accredited Debt Relief - Best Debt Relief Companies for Debt Settlement
  •  Serving a large customer base with $15,000 of debt or more
  • Completely free of cost and risk-free consultations
  •  Reduce your debt to significant numbers
  •  Charges no upfront enrollment fee
  • Help you in paying off debt in the duration of 24-48 months
  •  High rating and is given A+ better business bureau rating
  •  Applying for debt relief has no effect on your credit score


Among the best debt relief companies for debt settlement, Accredited Debt Relief is regarded as the top-rated option. The company has been offering debt relief services to a large user base since 2011. Through the best debt relief programs, it has helped wide range of people with unsecured debt to become financially stable. The client base of the company spiked to 200,000 clients  for those seeking solutions to their financial problems.

 The company puts satisfaction and client empowerment at the core of its business and has a track record of over $1 billion in debt resolved. Being one of the credible and best debt relief companies for debt settlement, clients can receive personalized solutions and educational resources to stay on track.

 Available Services

Consumers who have a debt of $10,000 or more can apply for one of the debt management plans available at Accredited Debt Relief (ADF). The company offers numerous debt relief solutions that include credit counseling, consolidation loans, debt settlement, and bankruptcy. The only solution it doesn’t offer is tax debt relief, for this, you have to contact some other best debt relief companies for debt settlement.

The company had an excellent reputation over the years and has established a five-star rating review of various customers. Moreover, Accredited Debt Relief (ADF) can easily help you settle credit card debt, medical debt, personal loans, and other forms of unsecured debt. Moreover, the company has been accredited by the American Fair Credit Council and Better Business Bureau.

 Pros Cons
 Can help you consolidate debt with a single monthly payment Must have $10,000 or above as unpaid debt
 No upfront charges or obligation Not available in all US States
 Free saving estimateDoes not work with secured debts
 Get out of debt without bankruptcy 
 Customer service is available seven days a week 

2. National Debt Relief

National Debt Relief - Best Debt Relief Companies for Debt Settlement
  • Offers a fast and easy application process
  • Charges no upfront cost
  • Offers one-to-one evaluation with the debt coach
  • Become debt-free for a duration of 24 to 48 months with ease
  • Viable option for people who have $7,500 or more in unsecured debts
  • Rated as A+ by Better Business Bureau


National Debt Relief has been in business from the year 2009 and is providing debt settlement services to over 400,000 people. With 13 years of experience in the debt relief industry, it is one of the great and best debt relief companies for debt settlement with a solid reputation. The A+ rating of the company even pushed it in above the rank of best debt relief companies.

The company has thousands of five-star customer reviews as it suggests appropriate financial strategies as per the unique situation of each customer. Being in the list of the best debt relief companies for debt settlement, the website provides extensive financial user guides and resources that include saving calculator as well.

Available Services

National Debt Relief caters to the needs of a large user base and offers various useful services. The talent team tries its best to negotiate with creditors and banks every day to help you settle the debt in an effective manner. It helps you to get rid of multiple unsecured debts that include credit cards, personal loans, lines of credit, personal bills, business debt, student debt, pay loans, and much more.

Being one of the authentic options among the best debt relief companies for debt settlement it can also help with collections and repossessions. Moreover, personalized debt relief services are viable options for credit counseling and debt consolidation programs.

Pros Cons
Offers free debt relief consultationMinimum $7,5000 unsecured debt is required
 Up to 50% lower monthly payments Not available in all US States
 Online account access is available High number of BBB complaints with in the duration of 12 months
 Industry certified counselors 
 Customer service is readily available 7-days a week 

3. Freedom Debt Relief

Freedom Debt Relief
  •  Offers free and personalized evaluation from certified debt consultants
  •   Accredited by the American Fair Credit Council
  •  Good option for people with $15,000 or above in unsecured debts
  •  Settled $15 billion or over in client debt
  •  Charges no upfront fees
  •  Extensive user base and trustworthy customer feedback


Freedom Debt Relief has offices established in California and is one of the founding and trustworthy members of the American Fair Credit Council. The company has been providing its services since 2002 and has helped over 850,000 clients to settle a significant number of accounts. On Trustpilot, the company has a rating of 4.6 stars.

Being one of the best debt relief companies for debt settlement, It has an extensive team of debt relief experts, negotiators, consultants, and customer service representatives to provide you the top-notch services. The greatest benefit is that the business is guided by the Freedom Debt Relief Program which promises a guaranteed refund in case the program cost is higher than the client fee. Moreover, in 2019, Freedom Debt Relief settled a lawsuit with CFPB and has agreed to pay $20 million restitution to the affected clients along with $5 million fine.

Available Services

Freedom Debt Relief provides a range of debt pay-off options but specializes majorly in debt settlement. As the company has laid its primary focus on unsecured debts which are not backed by collateral. The type of debts that are handled by the company includes credit card debt, medical bills, personal loans, private student loans, collection amount, and certain business debts.

The primary goal of the company is to work on debt settlement as it reduces the debt amount by significant numbers. Unlike debt consolidation which requires taking out new loans, debt settlement is a more viable approach to reduce the debt. Being in the list of best debt relief companies for debt settlement, it provides free debt evaluation to aid you in analyzing your unique financial situation and then further proceeding with the debt relief process.

 Important Note: It is crucial to consider that Freedom Debt Relief does not handle secured debts such as mortgage loans, or auto loans that are backed by collateral. Similarly, certain types of tax debts are not payable through the debt settlement programs,

Pros Cons
Provides free debt relief consultationMinimum $10,000 unsecured debt is required
One of the founding members of the American Fair Credit Council Not available in all US States
Has A+ BBB rating Written cancellation is required
User-friendly online dashboard for easy progress monitoring 
 No upfront fees 

4. New Era Debt Solutions

 New Era Debt Solutions
  • Has a track record of settling $200 million in debt settlement
  • Offers free debt analysis
  •  Charges fee based on the performance
  •  Single point contact with a specialized account specialist
  •  One low monthly payment
  •  Viable for unsecured debts that are in range of $10,000 or above
  •  Charges no add-on fees


New Era Debt Solutions is one of the best debt relief companies for debt settlement with a range of specialized services to aid individuals in regaining financial stability. The company’s history date back to 1999  with a track record of resolving more than $250,000,000 in debts for clients. With a client-centric approach, the company has achieved various milestones to provide effective debt management plans.

Over the years, the company remained consistent in its offering and have earned A+ rating from the Better Business Bureau. Moreover, on Trust Pilot the user rating stand to an impressive no of 4.9. These milestones reflect the company’s commitment to provide top-notch services.

Available Services

The debt relief program that is offered by New Era Debt Solutions is centric towards debt settlement, which is a strategic approach to reduce the amount of debt you owe. Your journey with the company starts off with free consultation with professional debt counselors who analyze your financial situation readily .

 Once you enroll in the debt relief program, clients often are assigned dedicated account specialized so he can track the performance of pay off debts over time. The account managers negotiate with the bankers to settle for an amount less than the original debt. Once the debts are settled, clients can effectively make monthly payments into a dedicated account for their ease.

 Being in the list of best debt relief companies for debt settlement, it is one of the most transparent companies that provides detailed statistics for average settlement amount, dropout rate and client results. The company is operational in most of the U.S states excluding only Oregon, Maine, and Iowa. However, the website does not disclose the minimum amount of debt amount required for eligibility.

Pros Cons
Provides free debt relief consultationMinimum unsecured debt is not disclosed
High customer satisfactionClient support unavailable on weekends
Accredited by ACFF 
Attorneys on staff 

5. CuraDebt

  •  Does not charge upfront fees to enroll
  •  Provides free debt relief consultation
  • Among the best debt relief companies for debt settlement it has earned positive customer reviews
  •  Aid to find the creditor violations that can lead to cash settlement


CuraDebt was established in 2000 with the core goal of helping individuals and small businesses with solutions to put them in a better place. Like most of the industry-leading companies for the best debt relief companies for debt settlement, it lets the consumers to discuss their financial situation and get recommendations as per their unique situations. 

Being a credible member of the American Fair Credit Council and the U.S Chamber of Commerce, it has earned a 4.1-star rating on Trustpilot. For the ease of customers, debt settlement letters are available to get an idea of their financial situation.

Available Services

CuraDebt being one of the best debt relief companies for debt settlement has also client-centric approach to settle most of debts . If you, are buried under the following debts that include credit card, medical bills, personal loans , tax debts private student loan , you can use the services of this company.

Important Tip – CuraDebt strictly warns its customers that the debt relief program is not applicable to secured debts. Being one of the best debt relief companies for debt settlement the FAQ section clearly discuss the general queries of people.

Helpful in negotiating debts across a broad range of unsecured debtsDebt relief program is not available in all U.S states
High customer satisfaction and positive reviewsNo money back or satisfaction guarantee
No upfront chargesNo BBB Accredited
Potential consumer violation rewards 

Alternatives to Debt Relief Programs

Debt Consolidation vs Debt Settlement

Both of them are financial management approaches to pay off but often the terminologies are often confused. Debt settlement refers to entails negotiation between the creditor and the borrower directly to get the lender to accept something less than the total amount owed. Whereas debt consolidation refers to paying off existing debt through a single credit card with low-interest charges.

 Debt Relief vs Bankruptcy

Debt relief is a process by which a specialized account specialist discusses the terms of existing debt are negotiated with a third party to adjust it at a lower cost. On the other hand, bankruptcy involves a debtor who is unable to pay off the debt to seek court help for temporary protection from the creditors and even result in equitable settlement of the debater’s obligation for less than originally owed. 

Frequently Asked Questions

What company is best for debt relief?

 Although there are numerous options among the best debt relief companies for debt settlement, but the top option is Accredited Debt Relief. The company is best for debt relief for quick result an efficient proceedings.

 How much does debt settlement cost?

 The cost of debt settlement varies from company to company but generally it is 15-25% of debt the company is settling.



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